Panorama

In Wealth We Trust (1988x22)

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In his last Budget, Chancellor Lawson gave to those who already had. He cut tax for the well-off. The Opposition now accuse him of creating a 'loadsamoney' economy - a spendthrift generation, who will not secure the nation's future. The Government argue that the enterprise culture will spread wealth and encourage a new morality. Ian Smith asks Britain's millionaires how they will spend their money. Will they be exhorted by the Government and their conscience to give more away in charity to those for whom the heat of the free market is too great?